Manufacturing Consumer Durables in India: Changes to the White Goods PLI Scheme
India has made changes to the White Goods PLI Scheme. Now selected companies must provide a certification from a registered cost accountant pertaining to related party sales and the calculation of the arm’s length price.
Talent Availability in India’s Tier-2 Cities
Talent availability across Tier-2 cities in India are allowing multinational companies, including both services and manufacturing firms, to set up in more cost-effective destinations. We look at the latest industry data.
Major Industries and Preferential Policies for Foreign Investment in Gujarat
Gujarat is among India’s most advanced manufacturing bases and benefits from regularly updated industrial policies, export promotion schemes, incentives for foreign investments, and the presence of several well-connected industrial clusters. Multinational enterprises seeking to diversify their supply chains can tap into key clusters in this state.
Airbnb’s Contribution to India’s GDP Highlights New Trends in Travel and Hospitality Industry
We discuss how Airbnb’s influence on India’s GDP highlights fresh prospects in the travel and hospitality industry, driven by the shift towards local, unconventional experiences, technology-driven convenience, and a focus on sustainability and community engagement.
India’s Insurance Sector: Leveraging the Digital ‘Bima Sugam’ Portal
The Bima Sugam will function as a ‘one-stop-shop’ electronic marketplace in India’s insurance sector, and promotes better customer accessibility. With relaxed FDI norms in the sector, foreign firms stand to gain.
India-Baltic Economic Synergy Rooted in Tech and Innovation
The Baltic States—Estonia, Latvia, and Lithuania—are promising partners in the tech and innovation sectors for India. We take a look at the state of bilateral trade and investment relations.
Chris Devonshire-Ellis on Why India Supports Russia’s Northern Sea Route
In this interview, Chris Devonshire-Ellis, the Dezan Shira & Associates Chairman, discusses India’s supports to Russia’s Northern Sea Route to bolster connectivity and trade.
Important Financial Changes in India Effective October 2023: Impact on Businesses
We discuss key financial changes in India starting October 2023, including TCS rule revisions and updates to debit and credit card regulations.